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20121201
20121231
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CNBC 5
CSPAN 1
MSNBCW 1
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Search Results 0 to 6 of about 7
CNBC
Dec 19, 2012 9:00am EST
months starting with the automaker purchasing 200 million shares by the end of this month. phil lebeau has more. >> carl, you can almost hear the sighs of relief coming from the gm headquarters in detroit. they have been calling for this for some time. here's what's going to be happening. you mentioned that the government is going to be exiting general motors, not happening all immediately. it's going to take some time, 12 to 15 months. they're going to do a dribbleout is what they're saying. gm is purchasing 200 million shares from treasury at $27.50 a share, about $5.5 billion. and treasury will sell the remaining 300 million shares through various means. that disposition, as we mentioned, earlier we heard from the head of the t.a.r.p. program, they're going to be starting to eliminate the gm shares in january of next year. so starting next month. remember, treasury originally invested $49.5 billion in general motors back in 2008 and 2009. and if we take a look at shares of gm going back to the ipo, remember, the ipo price was $33 a share. for the government to have fully made back a
CNBC
Dec 11, 2012 9:00am EST
of buys. we'll tell you what's going on next. phil lebeau talks about virgin atlantic. and we'll talk aig. >> absolutely. >> one more look at futures. more "squawk on the street" in a minute. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. >>> the government's now planning to sell the remaining stake in the insurance giant. they'll be sold at $32.50 each, representing 16% of outstanding aig shares. the sale expected to total about $7.6 billion. treasury and federal reserve will e
MSNBC
Dec 23, 2012 12:00pm PST
, not even a mouse. >> first lady michelle obama was accompanied by first dog, beau as she read "a visit from saint nicholas" earlier this month. that poem was originally published on this day back in 1823. he reportedly wrote it for his kids a year earlier and then a family friend submitted it. it spread as it was reprinted in other newspapers nationwide. the poem has been reprinted any number of times in the past 189 years. a reworked was published to remove the references to santa smoking. >>> on the weekend before christmas we have the story of jack the bikeman. he is a guy who took a simple idea and made it into an annual christmas miracle. >> feel like a kid again. >> oh, yeah. >> reporter: remember the first time riding a bike? jack sure does. >> it was freedom. i was out of that crazy house that i was born into. and i was in an open world and i had control of the bike and it was wonderful. >> reporter: you could call him santa known as jack the bikeman. every year throughout the year he and his volunteers, some strikingly santa like -- >> can i pull on this? is it real? >> i guess it
CNBC
Dec 7, 2012 9:00am EST
to fill jobs in their second and third sits. phil lebeau is live with more with this fascinating shifts. >> they say, there's no way. if people want a job, they should be able to find one. really? they found many places where they're trying to hire like here. go to indiana where if you look at the state unemployment rate, yes, it has come down from the peak of 10.8% back in 2009 but it's still above the national rate at 8%. we wjt down to bloomfield, indiana, which is just south of bloomington, and down there is metal technologies incorporated. this is an auto parts supplier. they make oil pans that then go on to top tier suppliers. they have four to seven job openings that they cannot fill. they struggle to fill their second and third shifts. part of it is because they can't find people with skills. part of it is because they've offered jobs to people who have said, no, thanks, i'll stay on unemployment. >> it seems like with the unemployment as high as it has been it shouldn't be hard, but we have situations where people either aren't interested in working or they don't fit our our ne
CNBC
Dec 10, 2012 9:00am EST
cars few in the industry have ever seen. phil lebeau is in chicago. i guess essentially, phil, the europeans are taking a leap out of the americans' book. they used to scoff that the american automakers would offer. now it's par for the course. >> especially in december. it used to be lexus, but mercedes-benz was looking for offers in november. this is an increase compared to october, up 42% for bmw, 26% for mercedes, lexus up 3%. what's going on here? let's start with bmw. their holiday deals now include up to five months of no payments. that's the kind of stuff you used to hear from chevy or from ford. by the way, bmw sales surged 45% last month. mercedes leads bmw year-to-date by just under 1,900 vehicles. it last led the u.s. luxury sales in '99. it really wants the title again. at the core of what's happening between these two german automakers, they need strong sufficient sales to offset the weakness they're seeing in europe. that's why their production has been ramped up here at their facilities in the u.s. bmw announced it's on pace to set global sales of more than 1.7
CSPAN
Dec 20, 2012 10:00am EST
passed away the first calls i got from my sons, beau in delaware, and my son hunter was overseas, they had heard before i did. they knew your dad. they knew your husband. what mattered most to them is, they knew he knew them. matter of fact, it mattered so much to my grown son, hunter, when he did his senior paper at georgetown university, he went to danny and asked whether he could do it about the 442nd and would danny help him. i don't know how many times i have heard my son tell the stories to his friends about how he sat for several hours with danny hearing firsthand about the 442nd. you know, when you think of danny what struck my family, at least, both not just his physical encourage, eternal optimism, his embrace of life, his trammeled belief in the dignity of every human being. danny is known for all the great things he's done, the physical courage he's shown, what he's done with the veterans. but what drew me to danny was the speech he made in 1968 at the democratic convention about civil rights. about human rights. just as my son wrote about danny , future generations w
CNBC
Dec 11, 2012 6:00am EST
. the other two parts of this party, beau the administration, the white house, the house, are not going to have a conversation like this. 're jump to either side of you. how do you get those two parties to come up with some sort of agreement that sounds exactly like what you two are talking about? >> i actually think that at the end of the day, we are very close to putting together the grand bargain. because if you think about it, kicking this can down the road doesn't work. why doesn't it work? because early next year we're going to have to have a debt limit extension. can you imagine what that will be like absent the grand bargain being reached now? we'll be right back to task. we will be right back to putting markets at risk. right back to partisan divide. we will be right back to gridlock. so, we can avoid all that. it's right before us. and it's not that hard. that's what i think has been missing. >> let me tell you, any deal we're at a position right now in the united states. we can talk china. europe's been left behind. the only thing that's keeping us back is any deal. just get
Search Results 0 to 6 of about 7